£179,768
This estimated value is based upon the latest sale price for the house of £145,500 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £145,500 | 1 Nov 2019 |
| £100,000 | 29 Jul 2016 |
| £81,000 | 7 Dec 2015 |
| £115,000 | 7 Apr 2005 |
| £97,500 | 26 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in November 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £145,500 results in an estimated price of approximately £179,768.
| 1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £145,500 | £34,268 | £179,768 |
The Postcode Pricing Model uses changes in average sales price within the M33 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 71.719 % | £104,350 | £249,850 |
| 3 Month Average | 34.621 % | £50,373 | £195,873 |
| 6 Month Average | 21.724 % | £31,608 | £177,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £399,064 | £390,000 | 14 SOMERSET PLACE |
| 7 Sep 2023 | £536,834 | £525,000 | 15 SOUTHERN ROAD |
| 11 Apr 2023 | £58,596 | £57,500 | 3 RED ROSE GARDENS |
| 27 Feb 2023 | £526,517 | £523,000 | 23 PARK AVENUE |
| 8 Aug 2022 | £219,526 | £218,500 | 3 SOMERSET PLACE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Apr 2014. Using an estimated price of £179,769 means this house is valued at £3,268 per sq meter (£303 per sq foot).
The average size of a house on HEYWOOD GROVE is 95 sq meters (1,029 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).